Ministry of Change ApS — Credit Rating and Financial Key Figures

CVR number: 36938234
Skovvænget 17, 3480 Fredensborg
tel: 22142042

Credit rating

Company information

Official name
Ministry of Change ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry
  • Expand more icon702000

About Ministry of Change ApS

Ministry of Change ApS (CVR number: 36938234) is a company from FREDENSBORG. The company recorded a gross profit of 1.5 kDKK in 2024. The operating profit was -135.1 kDKK, while net earnings were -159.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.7 %, which can be considered poor and Return on Equity (ROE) was -84.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ministry of Change ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit111.95-34.801 209.84360.751.52
EBIT25.62-34.80361.54- 195.65- 135.09
Net earnings63.99-29.53351.57- 198.14- 159.88
Shareholders equity total537.91395.38646.95331.0149.13
Balance sheet total (assets)593.84414.381 055.44525.82120.93
Net debt- 593.84- 381.17- 918.72- 420.9638.54
Profitability
EBIT-%
ROA8.1 %-5.8 %51.8 %-24.1 %-41.7 %
ROE11.1 %-6.3 %67.5 %-40.5 %-84.1 %
ROI11.4 %-6.3 %73.0 %-38.7 %-63.5 %
Economic value added (EVA)31.27-31.99335.24- 182.00- 130.28
Solvency
Equity ratio90.6 %95.4 %61.3 %63.0 %40.6 %
Gearing1.8 %79.4 %
Relative net indebtedness %
Liquidity
Quick ratio10.620.42.62.30.6
Current ratio10.620.42.62.30.6
Cash and cash equivalents593.84381.17918.72426.780.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-41.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.6%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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